Partnership Between Microsoft & JP Morgan

Technology giant Microsoft and JP Morgan Chase go to a strategic partnership to accelerate the institutional adaptation of blockchain technology.

As part of the collaboration, Quorum, a blockchain platform developed by JPMorgan, will be the first distributed notebook technology available through Microsoft through the Azure Blockchain Service. Thus, Microsoft and JP Morgan customers will be able to create and scale blockchain networks in the cloud.

Umar Farooq who is Director of Blockchain at JP Morgan said that:"We are pleased to partner with Microsoft to continue to expand Quorum and expand capabilities and services on the platform. Azure will bring unique powers to corporate customers using Quorum.

We are pleased to partner with Microsoft to continue to expand Quorum and expand capabilities and services on the platform. Azure will bring unique powers to corporate customers using Quorum."

The partnership with Azure will further strengthen Quorum as a fully integrated Ethereum-based blockchain platform and application suite. Together, the two platforms will transform the focus of institutional enterprises from infrastructure management to application development. Customers will be able to rapidly expand their networks by taking advantage of the low cost and simplified deployment offered by the Azure Blockchain Service.

Azure is also expected to offer innovations such as digital token management, improved application integration and R3 Corda Enterprise support in the coming months.